education, what would be the impact of sequestration? guest: most education spending is paid for by state and local governments. but the part that is paid for by the federal government would be cut very hard. so there would be the need, because of less grants and aid from the federal government to the states, there would be less money for teachers and especially schools serving less advantaged students. there would be less money for special education, for kids with handicaps or disabilities, there would be less money for a variety of things of that sort. host: jim, i know that you think accounts are too deep, but where can you cut when it comes to education -- cuts are too dep? guest: i said that they are indiscriminate prepares a lot of room to cut the budget. there's been relatively modest cuts already, but that was off a very high base. it's been a very large run-up in this portion of the budget over the last 12 years. between 2000 and 2003 the real increase in spending and domestic appropriations has gone up 40%, so there's been a st